@Geiger_Capital You can’t outgrow it. More tax receipts will lead to more spending because they can’t control waste fraud and abuse! It’s like people who get a raise at work and immediately start buying more crap
@jonbrooks It’s sad. They don’t fully understand that the conditions have changed. You had ppp money, zero interest rates, airbnb was the hot investment, migration mismatch overbids, loan modification, foreclosure bans and tight supply. It was the perfect storm. A blowoff top if you will
@pulte This won’t help affordability. Builders and home sellers will price homes higher in response to this move. Negating any affordability by a stretched out mortgage. Let the market do its thing. Trust the invisible hand